The Intrinsic Value Of Bitcoin, Calculated Using Sovereign Credit Default Swaps
Intrinsic value

The Intrinsic Value Of Bitcoin, Calculated Using Sovereign Credit Default Swaps

I reference my thesis on the intrinsic value of bitcoin in this piece, originally published in Bitcoin Magazine in April 2021. It represents my view on the value of BTC as the anti fiat, fiat is the Ponzi, and how everyone needs insurance against the Ponzi collapsing. As Voltaire famously said, “Paper money eventually returns…